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Nov 29, 2012
11/12
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thanks to the tax and spend agenda of president obama there's no end in sight. if he's serious about tackling the debt, he'd be talking about reining in spending, but he's hell-bent on one thing, raising your taxes. by the way, don't dare thing for one minute, or believe the hype, that this is only going to affect the so-called rich. this white house is willing to put any and all tax breaks on the table, including letting the payroll tax cut expire. that would move would affect all americans. watch this. >> there are many tax provisions that are expiring at the end of the year, and the president has said that the payroll tax cut, among others, should be on the table. you look at a permanent extension of the middle class tax cuts, the economic effects are different. >> sean: if the payroll tax cut is on the chopping block, nothing is safe. all americans, regardless of how much money you make, you'll be affected. joining us to give us the republicans' view on some of the things, somebody made headlines recently when he appeared to distance himself from a longstand
thanks to the tax and spend agenda of president obama there's no end in sight. if he's serious about tackling the debt, he'd be talking about reining in spending, but he's hell-bent on one thing, raising your taxes. by the way, don't dare thing for one minute, or believe the hype, that this is only going to affect the so-called rich. this white house is willing to put any and all tax breaks on the table, including letting the payroll tax cut expire. that would move would affect all americans....
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Dec 5, 2012
12/12
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WBAL
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obama's plan to extend tax cuts for most americans while allowing them to go up for the richest, and start the fight all over again during debt limit talks early next year. >> that is a bad strategy for america. it is a bad strategy for your businesses. and it is not a game that i will play. >> reporter: and brian, tonight, the white house is preparing in case the country does go over that fiscal cliff, budget officials have asked all federal agencies for information that they need in case of possible plans in case of those automatic spending cuts that could go in place in just 27 days. >> peter alexander at the white house for us tonight. thank you. >>> and up next, the loss today of a legend in american music. i put away money. i was 21, so i said, "hmm, i want to retire at 55." and before you know it, i'm 58 years old. time went by very fast. it goes by too, too fast. ♪ but i would do it again in a heartbeat. [ laughs ] ♪ ♪ i took my son fishing every year. we had a great spot, not easy to find, but worth it. but with copd making it hard to breathe, i thought those days migh
obama's plan to extend tax cuts for most americans while allowing them to go up for the richest, and start the fight all over again during debt limit talks early next year. >> that is a bad strategy for america. it is a bad strategy for your businesses. and it is not a game that i will play. >> reporter: and brian, tonight, the white house is preparing in case the country does go over that fiscal cliff, budget officials have asked all federal agencies for information that they need...
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president obama demanding higher tax rates for the wealthy and permanent extension of the debt ceiling be part of a deal. >> he showed what is he is after is assuming unprecedented power without limit. >> reporter: republicans say they will only raise tax revenue in exchange for deep spending cuts. if washington can't strike a deal one casualty would be the end of compensation for long term unemployed, people like melinda worried. >> christmas and things of that nature probably off the table. >> reporter: aides met yesterday but no signs of progress. tahman bradley, abc7 news. >>> if you park at a bart station while riding the trains get ready for potential hike in fees by 50 cents twice a year at high volume lots. it would cap the increases to $3 a day. currently commuters shell out a dollar. west oakland costs five. bart makes 15 million dollars a year in parking fees, an increase could mean extra five million dollars annually. >>> muni offering riders a holiday gift, free rides only good on december 28th, the 100th anniversary of the agency. transportation officials say lost revenue
president obama demanding higher tax rates for the wealthy and permanent extension of the debt ceiling be part of a deal. >> he showed what is he is after is assuming unprecedented power without limit. >> reporter: republicans say they will only raise tax revenue in exchange for deep spending cuts. if washington can't strike a deal one casualty would be the end of compensation for long term unemployed, people like melinda worried. >> christmas and things of that nature...
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Dec 5, 2012
12/12
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FOXNEWSW
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obama is looking -- is taking a page out of their book. the two things he wants to do is number one, you mentioned before. no congressional approval of a debt ceiling, and second, and they're going to do this one, it looks like, unless some rational democratic senators come to their aid which is change the rules of the senate to make 51 votes all that is necessary to pass a bill in the united states senate. it will eliminate by and large the filibuster. >> every majority wants to do that. >> they're the only ones that will do it. they're threatening to do that. in fact, they're scheduled to vote to do that, to the rules in a way that's never been done before. it's been threatened before, but nobody's ever pulled the trigger on it. it looks like they're willing to pull the trigger to get what they want which is a majority rule to be able to force things down the throats of the american people that they don't want. >> if he gets his revenue but makes no structural change in the way we do business, i mean, if there's no effort to do that but
obama is looking -- is taking a page out of their book. the two things he wants to do is number one, you mentioned before. no congressional approval of a debt ceiling, and second, and they're going to do this one, it looks like, unless some rational democratic senators come to their aid which is change the rules of the senate to make 51 votes all that is necessary to pass a bill in the united states senate. it will eliminate by and large the filibuster. >> every majority wants to do that....
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Dec 6, 2012
12/12
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MSNBCW
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yesterday at a business roundtable of ceos, president obama took a hard line, warning his opponents not to consider this strategy. >> if congress in any way suggests that they're going to tie negotiations to dell creting votes and take us to the brink of default once again as part of a budget negotiation, which, by the way, we have never done in our history until we did it last year, i will not play that game. >> well, i wonder, the president's saying, steve, that, you know what, we can raise rates now and maybe lower them later next year so republicans are now saying we can raise rates now. maybe we'll lower them later and we'll talk about it during the debt ceiling. now he's saying no, we're not going to talk about it then either. when would we have this debate when we were renaming post offices in july? can you clarify something for people that are watching? republicans are talking about raising taxes on the rich. and john boehner said that yesterday. we're talking about raising taxes on the rich. we're just not talking about raising the top marginal rate, right? i mean, both sides a
yesterday at a business roundtable of ceos, president obama took a hard line, warning his opponents not to consider this strategy. >> if congress in any way suggests that they're going to tie negotiations to dell creting votes and take us to the brink of default once again as part of a budget negotiation, which, by the way, we have never done in our history until we did it last year, i will not play that game. >> well, i wonder, the president's saying, steve, that, you know what, we...
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Nov 30, 2012
11/12
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FBC
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president obama giving his pitch for the fiscal cliff. when will the rhetoric give way to a real action on our debt crisis. juan williams on when a deal can happen. melissa: how would you like to pay more at the pump? we have the new talk about raising the gas tax. what a great idea. lori: i love paying over four dollars a gallon. washington not the only one that cannot get a deal done. entering day 76. its small business that is really on then ice. melissa: time now for stocks as we do every 15 minutes. lauren simonetti. washington is playing politics over the fiscal cliff. we are near session lows right now. >> 11 points away from session lows. the dow is clinging onto that level right now. consumer discretionary is your best performing sector this month. it is lower today, as is technology. the s&p 500 trying to hang onto a monthly gain. not sure if we can do it. certainly higher for the week and nasdaq higher for the both of them. a two-day chart of yelled is really interesting. they expect fourth-quarter sales in china to decline. lo
president obama giving his pitch for the fiscal cliff. when will the rhetoric give way to a real action on our debt crisis. juan williams on when a deal can happen. melissa: how would you like to pay more at the pump? we have the new talk about raising the gas tax. what a great idea. lori: i love paying over four dollars a gallon. washington not the only one that cannot get a deal done. entering day 76. its small business that is really on then ice. melissa: time now for stocks as we do every...
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Dec 2, 2012
12/12
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FOXNEWSW
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when barack obama went out and overreached. this idea he should set the debt limit. if i were a republican, i would say stop everything. we're going to fight. >> i think the rep -- republicans have a communication problem. when the president gets up, he talks about middle class family and the ohio. i get it. then the republicans say, economy, and the debt ceiling, and the debt. it's not personal with what obama is saying. even in that game he wins. >> i'm not sure the republicans have done a great job in terms of how they communicate and we saw that in the last election. but this president is not leading. we saw this in new jersey, where governor christie, and an $11 billion deficit. he had a fiscal cliff. he brought everybody in. he knew where the middle road was and -- >> he didn't fall off it. >> exactly. >> i'm joe smith. and i think that the dems want to raise taxes and the republicans want spending cuts, and as far as i'm concerned, i'd rather have the rich people pay taxes than me lose my entitlements. pat goodell can that work? >> people want at the rich to p
when barack obama went out and overreached. this idea he should set the debt limit. if i were a republican, i would say stop everything. we're going to fight. >> i think the rep -- republicans have a communication problem. when the president gets up, he talks about middle class family and the ohio. i get it. then the republicans say, economy, and the debt ceiling, and the debt. it's not personal with what obama is saying. even in that game he wins. >> i'm not sure the republicans...
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this was a move president obama wants to raise the debt ceiling without much interference from congress. he has criticized that. he filibustered his own bill after democrats called his bluff to vote on it. lynn. >>> tracie pots for us in washington. tracie, thanks. >>> new jersey governor chris christie is making a personal plea for federal disaster aid. the republican governor paid an unannounced visit to the white house to ask president obama for $83 billion in aid for new jersey, new york, and connecticut. he also met with members of congress. it was their first meeting since touring new jersey disaster areas in late october. >>> tea party leader and some same gop king maker senator jim demint of south carolina is stepping down from congress on january 1st. demint will become the head of the heritage foundation. that's a conservative think tank with an $80 million a year budget. demint is just two years into a second six-year term and south carolina governor nikki haley will appoint his successor. >>> well, it sure does sound like a plot out of a tom clancey cold war novel. a rogue n
this was a move president obama wants to raise the debt ceiling without much interference from congress. he has criticized that. he filibustered his own bill after democrats called his bluff to vote on it. lynn. >>> tracie pots for us in washington. tracie, thanks. >>> new jersey governor chris christie is making a personal plea for federal disaster aid. the republican governor paid an unannounced visit to the white house to ask president obama for $83 billion in aid for new...
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Dec 6, 2012
12/12
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MSNBC
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yesterday at a business roundtable of ceos, president obama took a hard line warning opponents not to consider the strategy. >> if congress in any way suggests that they're going to tie negotiations to debt ceiling votes and take us to the brink of default once again as part of a budget negotiation which by the way we have never done in our history until we did it last year, i will not play that game. >> senator tom coburn yesterday on "morning joe" became the latest to break ranks saying he could support president obama's tax proposal. he joins a growing group of people urging house leadership to clear the way for a broad deal that would include tax increases on the wealthy. however, according to "the new york times," speaker boehner is enjoying broad support from within his own caucus. and yesterday boehner stuck to his guns favoring closing tax loopholes and capping deductions to raising taxes. >> now the revenues we're putting on the table are going to come from guess who? the rich. there are ways to limit deductions, close loopholes and have the same people pay more of their mone
yesterday at a business roundtable of ceos, president obama took a hard line warning opponents not to consider the strategy. >> if congress in any way suggests that they're going to tie negotiations to debt ceiling votes and take us to the brink of default once again as part of a budget negotiation which by the way we have never done in our history until we did it last year, i will not play that game. >> senator tom coburn yesterday on "morning joe" became the latest to...
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Dec 1, 2012
12/12
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CNBC
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an unlimited debt limit. he wants no debt ceiling on the amount of money that he can spend. so jay carney is taking shots at john boehner who has said look it's not a serious discussion about how we're going to solve the fiscal problem unless of course we match spending cuts to the number of dollars we increase in the debt limit. >> do you think that could pass congress in all seriousness? no more debt limit? no more power of the purse strings? >> no. >> that's insane. i think it's in the constitution. >> yes. and although president obama this because he got re-elected has he had has a mandate to do whatever he waumpbts, he forgets that the house republicans were also re-elected to kind of hold the line on spending. so no, i don't believe that would make it through congress. >> what about this utterance by the president today? instead of blasting congress, sort of saying he's keeping a list of congressmen? is this like a nixon enemy's list? we've seen this before from president obama. >> we have. we've seen m
an unlimited debt limit. he wants no debt ceiling on the amount of money that he can spend. so jay carney is taking shots at john boehner who has said look it's not a serious discussion about how we're going to solve the fiscal problem unless of course we match spending cuts to the number of dollars we increase in the debt limit. >> do you think that could pass congress in all seriousness? no more debt limit? no more power of the purse strings? >> no. >> that's insane. i think...
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Dec 1, 2012
12/12
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debt and entitlement restructuring. that's what they voted for and the reason he's doing it now is because none of the democratic senators that were elected, and they did a great job, they really kicked our butts with these senators, none of them, not a one of them ran on increasing taxes on anybody in this kind of recovery. that top 2% are the job creators. they're small businesses. >> he also wants congress to give up that leverage over the debt ceiling because that is also presenting itself as another ugly battle. and you know what, paul begala, it is being said that that is one heck of a piece of boehner leverage. >> well, it is. but i think it's outrageous. i think this brinksmanship about the budget and the fiscal cliff is all just fine. i don't want to go over the cliff. >> does the president want to go over? we got to listen to all the republicans and the conservative media today are saying president obama wants to go over the fiscal cliff because then taxes go up across the board. >> which is not what the presi
debt and entitlement restructuring. that's what they voted for and the reason he's doing it now is because none of the democratic senators that were elected, and they did a great job, they really kicked our butts with these senators, none of them, not a one of them ran on increasing taxes on anybody in this kind of recovery. that top 2% are the job creators. they're small businesses. >> he also wants congress to give up that leverage over the debt ceiling because that is also presenting...
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. >> reporter: president obama used his first interview since his re-election to drive home his insistence that key to the u.s. beginning to pay down its debt and avoid going over the fiscal cliff is raising tax rates on the wealthiest americans. >> we're going to have to see the rates on the top 2% go up, and we're not going to be able to get a deal without it. >> reporter: if republicans agree to do that, the president told bloomberg television, he'll agree to serious spending cuts. republicans have offered to raise taxes on higher incomes by $800 billion, not by raising tax rates, but by eliminating some deductions and loopholes. during last year's budget showdown, the president said he wanted to do exactly that. >> what we said was give us $1.2 trillion in additional revenues, which could be accomplished without hiking tax rates, but could simply be accomplished by eliminating loopholes, eliminating some deductions and engaging in a tax reform process that could have lowered rates generally while broadening the base. >> reporter: but now the president does not. he says it will not rais
. >> reporter: president obama used his first interview since his re-election to drive home his insistence that key to the u.s. beginning to pay down its debt and avoid going over the fiscal cliff is raising tax rates on the wealthiest americans. >> we're going to have to see the rates on the top 2% go up, and we're not going to be able to get a deal without it. >> reporter: if republicans agree to do that, the president told bloomberg television, he'll agree to serious...
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Dec 4, 2012
12/12
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. >> sean: so we're about to hit this debt ceiling. 16.3 trillion, and at the time in 2008 when obama's running, he says it's irresponsible to take a credit card in the name of our kids to the bank of china. we have to pay that money back. now it's 16.3. they're running out of money once again, so republicans are saying all right, we've got to eat our spinach, we've got to eat our broccoli. we've got to study, turn off the tv, turn off the video games and do our homework. is that as appealing as democrats saying free health care, free day care, we'll redistribute the wealth. i mean, it seems like there's a battle for the heart and soul of the country. where does america come down, and where was america traditionally? >> well, first let's address president obama's flip flop on his philosophy there when it comes to raising the debt ceiling. he certainly condemned president bush in those years of raising the debt ceiling, and then look at where he's taken this cufnlt he's taken us into a state of bankruptcy with his changed idea on it being a good thing to raise the debt ceiling. a very sc
. >> sean: so we're about to hit this debt ceiling. 16.3 trillion, and at the time in 2008 when obama's running, he says it's irresponsible to take a credit card in the name of our kids to the bank of china. we have to pay that money back. now it's 16.3. they're running out of money once again, so republicans are saying all right, we've got to eat our spinach, we've got to eat our broccoli. we've got to study, turn off the tv, turn off the video games and do our homework. is that as...
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Dec 7, 2012
12/12
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WMAR
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president obama is demanding that higher tax rates for the wealthy and a permanent extension of the debt ceiling, the government's ability to borrow money, be part of the deal. >> he's assuming unprecedented power to spend taxpayer dollars out any limit at all. >> reporter: republicans who say they're open to raising tax revenue say they will only do so in exchange for deep spending cuts. if washington can't strike a deal, one casualty will be compensation for the long-term unemployed. that means people like linda vega, are worried. >> christmas and things of that nature are probably off the table. >> reporter: aides to president obama and speaker boehner met yesterday afternoon. but that meeting ended with no discernible signs of progress. rob and paula? >> thanks, tahman. >>> once the numbers are all tallied, they're going to show that the 2012 presidential election was the most expensive in history. campaign finance statements put the total cost at well above $2 billion. virtually split down the middle between president obama and mitt romney. that includes nearly $86 million raised by
president obama is demanding that higher tax rates for the wealthy and a permanent extension of the debt ceiling, the government's ability to borrow money, be part of the deal. >> he's assuming unprecedented power to spend taxpayer dollars out any limit at all. >> reporter: republicans who say they're open to raising tax revenue say they will only do so in exchange for deep spending cuts. if washington can't strike a deal, one casualty will be compensation for the long-term...
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Nov 30, 2012
11/12
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economy including home mortgage refinancing and the permanent end to congressional control over the debt ceiling. in return, president obama is offering republicans $400 billion in entitlement cuts over ten years. still to be negotiated. mr. obama also wants emergency unemployment benefits and a temporary payroll tax holiday extended along with the infrastructure spending and mortgage relief, the price tag for the president's stimulus bill could rise to $50 billion or more. after meeting with secretary geithner, speaker boehner said he didn't see any sign of compromise from the white house. >> first despite the claims that the president supports a balanced approach, the democrats have yet to get serious about real spending cuts. and secondly, no substantive progress has been made in the talks between the white house and the house over the last two weeks. >> eliot: no sooner had boehner finished then senate majority leader harry reid took the podium to challenge republicans to come up with their own plan. >> we're saying extend the tax cuts for middle class. as part of that, of course, we
economy including home mortgage refinancing and the permanent end to congressional control over the debt ceiling. in return, president obama is offering republicans $400 billion in entitlement cuts over ten years. still to be negotiated. mr. obama also wants emergency unemployment benefits and a temporary payroll tax holiday extended along with the infrastructure spending and mortgage relief, the price tag for the president's stimulus bill could rise to $50 billion or more. after meeting with...
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president obama has nearly doubled the debt. the spending is out of control. and it's -- we have this economy that continues to struggle -- >> the debt ceiling -- >> the debt ceiling is our opportunity to really look at these questions, but the republicans want to negotiate -- speaker boehner the day after the election, went to the podium and put tax revenue on the table. this is our moment, this is our -- tip o'neill and president reagan back in the early '80s, they came together. they negotiated to save social security as well as address the spending. and it was a $3 in spending cuts to every dollar in new revenue. and that's the type of approach we need today. >> they never used the issue of debt ceiling in those negotiations. that's relatively new. the president says, i will not play that game. he may have no choice, because the republicans have a decisive majority in the house of representatives. if they want to play that game, he's going to have to do it. >> whey believe the president is saying is, we could get to a big deal, a good big deal that's balan
president obama has nearly doubled the debt. the spending is out of control. and it's -- we have this economy that continues to struggle -- >> the debt ceiling -- >> the debt ceiling is our opportunity to really look at these questions, but the republicans want to negotiate -- speaker boehner the day after the election, went to the podium and put tax revenue on the table. this is our moment, this is our -- tip o'neill and president reagan back in the early '80s, they came together....
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Dec 5, 2012
12/12
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candidate barack obama, identical about his law school debt. >> his convention speech as well. >> it's a little eerie. >> you can replace some of the words they're the same script. >> nancy, watching ryan and rubio try to get past 47% and they were both in a very, i think effective ways. very good speeches. >> used the phrase middle class 37 times in 30 minutes, what do you think that's about. >> errol, rubio and ryan are potentially the future of the party and you had what we watched on the senate floor yesterday a bunch of senate republicans with their tail between their legs hiding, worried about primary challenges because they might get rid of american sovereignty to the united nations over disabilities. >> it was a little depressing asking the world to get up to u.s. standards and do what we do as far as curb cuts and access and ability to get around, to suggest that this was somehow going to be bad for america was absurd and i think when we poll it, when you look at it as it starts to sink in, in the country, they'll see they are on the wrong side of yet another issue. >> quickly
candidate barack obama, identical about his law school debt. >> his convention speech as well. >> it's a little eerie. >> you can replace some of the words they're the same script. >> nancy, watching ryan and rubio try to get past 47% and they were both in a very, i think effective ways. very good speeches. >> used the phrase middle class 37 times in 30 minutes, what do you think that's about. >> errol, rubio and ryan are potentially the future of the party...
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is beyond reform you can't reform that federal government whether it's the republicans in charge or obama basically the republicans are just as bad as far as we're concerned they're corrupt and are out of touch in southern former confederate states like north carolina culture and social issues play a big role for those like harold cruz who believes the us is too big and thus destined to fail north carolina and the south in general. were different country already and the united states we simply need our own government we have different values different belief systems critics have dismissed secessionists as disgruntled voters angry over president obama's second term however in this you thousand a presidential election obama became the first democrat in more than thirty years to win north carolina a red state turned blue with the promise of change four years later tens of thousands of voters in the very same state believe they'd be better off on their own us to the average american the things they believe in they're tired of the endless wars and here we are talking about invading iran now i
is beyond reform you can't reform that federal government whether it's the republicans in charge or obama basically the republicans are just as bad as far as we're concerned they're corrupt and are out of touch in southern former confederate states like north carolina culture and social issues play a big role for those like harold cruz who believes the us is too big and thus destined to fail north carolina and the south in general. were different country already and the united states we simply...
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Dec 6, 2012
12/12
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ç president obama won't have it. the president is attacking the only leverage republicans have left. the president spoke to a group of ceos today and said that he will not negotiate if debt ceiling is going to be used as a hostage. >> i have to just tell you, that is a bad strategy for america, it is a bad strategy for your businesses, and it is not a game that i will play. so i want to send a very clear message to people here. we are not going to play that game next year. if congress in any way suggests that they're going to tie negotiations to debt ceiling votes and take us to the brink of default once again, as part of a budget negotiation, which, by the way, we have never done in our history, until we did it last year, i will not play that game. because we've got to break that habit before it starts. >> treasury secretary tim geithner also made it very clear, this is no game. he spoke with cnbc about holding the line with tax increases for the top 2%. >> if republicans do not agree to that, is the administration
ç president obama won't have it. the president is attacking the only leverage republicans have left. the president spoke to a group of ceos today and said that he will not negotiate if debt ceiling is going to be used as a hostage. >> i have to just tell you, that is a bad strategy for america, it is a bad strategy for your businesses, and it is not a game that i will play. so i want to send a very clear message to people here. we are not going to play that game next year. if congress...
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a way around the debt ceiling problem. it gives barack obama the right to print money to spend as much as he wants to. melissa: there is one catch, ian. one point they make we're not printing it to spend money. we already spent this money. it's gone. so we're just sort of fixing part of the debt problem. >> you could make $3 trillion coins which is why it won't happen. the reason it won't happen is politics. if they do this and get away from the debt ceiling thing it gets republicans off the hook. from obama's perspective leting a deal not happen and falling over the cliff, all the polls show republicans will get blamed for that. why would he want to avoid that? melissa: jonathan, are there obvious inflationary problems on this? someone following us on twitter says you will need it to buy a loaf of bread soon. what do you think? >> this is one ounce platinum coin. you can put any value that i want but has real value of $1600 a ounce. if they think this plan works you have to be in the chain gang or belief in the tooth fair
a way around the debt ceiling problem. it gives barack obama the right to print money to spend as much as he wants to. melissa: there is one catch, ian. one point they make we're not printing it to spend money. we already spent this money. it's gone. so we're just sort of fixing part of the debt problem. >> you could make $3 trillion coins which is why it won't happen. the reason it won't happen is politics. if they do this and get away from the debt ceiling thing it gets republicans off...
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Dec 6, 2012
12/12
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FOXNEWS
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debt. they were elected to stop the explosive growth of government. the republicans were elected and sent to washington to fight for limited government, balanced budgets, and of course, greater liberty for all the american people. at this moment it seems like they are only offering a democratic light version for america. maybe they need to learn a thing or two from president obama. maybe they need to show a willingness to go over the so-called fiscal cliff. now, if the president really wants to take the country there, maybe they need to let him go there. here's the bottom line. what are we hearing from the white house? we're hearing the president will not negotiate unless taxes are raised on job creators, and we're hearing that the president now wants to seize control of the debt ceiling from congress. well, that means rather than needing the approval of the house was the senate to raise the nation's spending limit, president barack obama wants to do this all by his lonesome, a blank check.
debt. they were elected to stop the explosive growth of government. the republicans were elected and sent to washington to fight for limited government, balanced budgets, and of course, greater liberty for all the american people. at this moment it seems like they are only offering a democratic light version for america. maybe they need to learn a thing or two from president obama. maybe they need to show a willingness to go over the so-called fiscal cliff. now, if the president really wants to...
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Nov 29, 2012
11/12
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FBC
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when he was negotiating with the speaker on the debt ceiling deal. and the question was, what's the number? the president at that point wasn't saying how are you getting to it. we can get to it. here's the thing --. liz: you gave them a number? is that what you're saying, gave them a number how much revenue it would generate or deductions to eliminate? >> clearly in the last debate during the debt ceiling deal was the president as one number. overplayed his hand and speaker had to walk away. the white house is coming up saying they need another trillion six in revenue? that is not realistic. liz: what is your number. >> i will not give you a number. the point the house republicans are willing to say revenues are part of this conversation. here is what we heard from the white house in terms of offerings on spending. nothing. zip. liz: yeah. >> so they have made, they have made an offering today that is completely not serious. more stimulus spending. unbridled presidential authority to raise the debt ceiling. it is nonsense. they need to get out of cam
when he was negotiating with the speaker on the debt ceiling deal. and the question was, what's the number? the president at that point wasn't saying how are you getting to it. we can get to it. here's the thing --. liz: you gave them a number? is that what you're saying, gave them a number how much revenue it would generate or deductions to eliminate? >> clearly in the last debate during the debt ceiling deal was the president as one number. overplayed his hand and speaker had to walk...
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Nov 29, 2012
11/12
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CURRENT
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but i have a solution for president obama this time around. mr. president, turn the tables on him speaker boehner that is. we all recall the trap that the white house fell into last year, letting negotiations over the potential government shutdown be concluded only to be held hostage again when the republicans then refused to raise the debt ceiling without getting additional concessions. it was as congressman welch said it was professional malpractice not to wrap the debt ceiling into the first round of negotiations. so don't do it again. the debt ceiling will necessarily and inevitably be hit and breached early next year. yet when president obama told speaker boehner at their november 16th meeting to raise the ceiling by year's end boehner said there is a price for everything. no, there doesn't have to be. sometimes what is necessary and good policy should just be done. the ceiling will be breached because of the fiscal track we're on and agreeing to the expenditures and revenues that are now in place the debt ceiling will be exceeded because of
but i have a solution for president obama this time around. mr. president, turn the tables on him speaker boehner that is. we all recall the trap that the white house fell into last year, letting negotiations over the potential government shutdown be concluded only to be held hostage again when the republicans then refused to raise the debt ceiling without getting additional concessions. it was as congressman welch said it was professional malpractice not to wrap the debt ceiling into the first...
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Dec 2, 2012
12/12
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FOXNEWSW
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. >> wall street they side with president obama when it comes to control of the debt ceiling. john boehner says it won't happen. >> i made it clear to the president every time we get to debt limit we need to cut reforms greater than increase in debt limit. only way the political process to produce more change than what it would if left alone. >> brenda buttner joins us. why would anyone want to give one machine power over this. >> the reason that wall street does it, wing thing it hates is uncertainty. if you remember when the talks went on and fell apart there was a downgrade, threat of default. wall street was up. and down. they want to know that someone can raise the debt limit without a prolonged battle. the battles in congress do affect wall street. >> some would say this means, bring it on in. add more. pile it up more. there would be no control. >> yes. boehner actually said in the last sound bite something important. the only leverage republicans have with the president they have control over raising that debt limit. especially what the president would like to do is sa
. >> wall street they side with president obama when it comes to control of the debt ceiling. john boehner says it won't happen. >> i made it clear to the president every time we get to debt limit we need to cut reforms greater than increase in debt limit. only way the political process to produce more change than what it would if left alone. >> brenda buttner joins us. why would anyone want to give one machine power over this. >> the reason that wall street does it,...
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Dec 4, 2012
12/12
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CURRENT
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reacting negatively to all these issues about the debt ceiling. but we saw what happened after august of 2011 we got downgraded. our debt was downgraded but the interest rates that we pay on our debt has fallen. the stock market has continued to rise. i think if we had that drama again, the treasury department has options. there is a constitutional option. no one believes that the u.s. government is going to default on its debt and stop paying interest on its bond. even if it did things are so bad throughout thest the rest of the world it would not cause people to dump our treasury securities. i don't think there is that much continuing that could be done even if we go down that road again. >> eliot: they have no place else to put their money. are they going to buy greek debt and declare a default? john boehner used that card. it failed, he got egg on his face and we were downgraded. all the negative things that people said would happen didn't happen and in fact just the opposite. but my advise advice would be to put your seat belt and this this i
reacting negatively to all these issues about the debt ceiling. but we saw what happened after august of 2011 we got downgraded. our debt was downgraded but the interest rates that we pay on our debt has fallen. the stock market has continued to rise. i think if we had that drama again, the treasury department has options. there is a constitutional option. no one believes that the u.s. government is going to default on its debt and stop paying interest on its bond. even if it did things are so...
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working towards john engler his possession to extend debt ceiling providers. that is what we are talking about. >> what is broken is taxes and the dead and spending cuts. if the president were honest and in good faith, he wouldn't be needing with a roundtable. he would be up to capitol hill. as president is not serious. >> the other thing about the debt limit is not an authorization to go into as much does he want for five years or whatever. it is a set dollar amount. how much? lou: based on past five years of the bush administration, i can assure you that it wilbe a staggering figure. especially since we have a president who is inclined to spend like hell. i don't think there's any doubt about that. the president today is absolutely indulging in class warfare. >> i cannot ask folks who are middle-class seniors on medicare and young people who are trying to get student loans for college -- i can't ask them to sacrifice. and not ask anything of higher income folks. lou: what are your thoughts? >> i love the word ask her if is that this is a chervil contribution
working towards john engler his possession to extend debt ceiling providers. that is what we are talking about. >> what is broken is taxes and the dead and spending cuts. if the president were honest and in good faith, he wouldn't be needing with a roundtable. he would be up to capitol hill. as president is not serious. >> the other thing about the debt limit is not an authorization to go into as much does he want for five years or whatever. it is a set dollar amount. how much? lou:...
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Nov 29, 2012
11/12
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FOXNEWSW
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that is tying the debt ceiling limit to this entire deal. and the white house reacting. >> there is a lot of things i wanted in my life, but almost all of them had a price tag attached to them. if we talk about the debt limit, there will be a price tag associated with it. >> asking for political price be paid, in order for congress to do its job to ensure that the united states of america pays its bills an does not default for the first time in its history is irresponsible. >> that is the leverage. that is why if the republicans in the final hour of the fiscal cliff negotiations say fine, you can have this much re-knew from the cap and deduction and closing loopholes we will budge on the rate. 37.5%. that is not must have none. if it is not tied to debt ceiling increase that would only pass with the aggressive medicare reform they have to have a separate debt ceiling fight in member. where do they find the math for that? republicans won't vote for anything without commensurate spending cut. >> bret: i know i will do this 100 more times. over
that is tying the debt ceiling limit to this entire deal. and the white house reacting. >> there is a lot of things i wanted in my life, but almost all of them had a price tag attached to them. if we talk about the debt limit, there will be a price tag associated with it. >> asking for political price be paid, in order for congress to do its job to ensure that the united states of america pays its bills an does not default for the first time in its history is irresponsible. >>...
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Dec 5, 2012
12/12
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FOXNEWSW
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obama has made a bet that the republican party is so inept at the politics of this that they will get stuck with it. he can hang the debt alba tros of the biggest tax increase in american history around their next. >> he wants it all. howard dean is the only guy i see that has said this is the best case scenario. they get defense sequestration, they get to raise taxes on everybody, and then they blame the republicans. >> yeah. and for howard dean, he's a man who basically believes in the european unionization of the united states. if you believe in that as obama does, too, this makes perfect sense. >> i've got the cd of yours. do you really sing on this. >> i sing on that with a full orchestra. you sing the devil went down to georgia. people said you killed the whole right wing pundit music business with your rendition. i felt i had to do something to address it. >> running on egg nothing? you wrote that? >> i wrote that. running objec on egg nog. >> there's nothing more gross in the world than egg nog. >> and you call yourself a great american? how can you be a great american if you
obama has made a bet that the republican party is so inept at the politics of this that they will get stuck with it. he can hang the debt alba tros of the biggest tax increase in american history around their next. >> he wants it all. howard dean is the only guy i see that has said this is the best case scenario. they get defense sequestration, they get to raise taxes on everybody, and then they blame the republicans. >> yeah. and for howard dean, he's a man who basically believes...
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Nov 30, 2012
11/12
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., "where babies will inherit large debt of the boomer generation" languishes back in 16th place. in 1988, the u.s. was first. france was second. in that country, france, socialist politician is calling out president obama's policies as socialist. cnbc reports industry ministry says company arthello armitol employs 20,000 people in france should leave after announcing it would close down factories. the french government says it could nationalize that factory, with backing from an unnamed businessman. montebor says barack obama is nationalized, germans are nationalizing, all countries are nationalizing. he may have been referring to the u.s. auto bail-out. we reached out to the white house but have not heard back. >>> finally freshman congressman chris gibson republican from new york is catching flak for trying to slip out of an antitax pledge. gibson signed the grover-norquist pledge in 2010 but argues it no longer applies because redistricting changed the number of the districts he represents. gibson spokeswoman says, "the congressman signed the pledge as a candidate in 2010, for
., "where babies will inherit large debt of the boomer generation" languishes back in 16th place. in 1988, the u.s. was first. france was second. in that country, france, socialist politician is calling out president obama's policies as socialist. cnbc reports industry ministry says company arthello armitol employs 20,000 people in france should leave after announcing it would close down factories. the french government says it could nationalize that factory, with backing from an...
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Dec 1, 2012
12/12
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CSPAN
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we have seen an utter lack of leadership from president obama and his allies on the left have shown very little to no willingness to tackle real structural entitlement reform. there is no manner of tax hike that can save medicare or medicaid. these programs can only be fixed with real reforms. some on the left say tinkering around the edges of medicare and medicaid would be enough, or that the health law is in touch and a perform. they argue we do not need to examine the structural problems. make no mistake about it then been shoring up medicare and medicaid will not be easy. the situation has become so severe, it is the only responsible course to take them back in just over a decade medicare will be bankrupt. medicare beneficiaries receive $3 in benefits for every $1 they pay into the system. that is while 10,000 more americans join this program every day. the number of workers supporting it has declined by over 18% over the last decade. the average family could give up its salary for the entire year, sell their house, and still not have enough to pay their share to secure medicare pend
we have seen an utter lack of leadership from president obama and his allies on the left have shown very little to no willingness to tackle real structural entitlement reform. there is no manner of tax hike that can save medicare or medicaid. these programs can only be fixed with real reforms. some on the left say tinkering around the edges of medicare and medicaid would be enough, or that the health law is in touch and a perform. they argue we do not need to examine the structural problems....
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Dec 7, 2012
12/12
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MSNBCW
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>> on the fiscal cliff or the debt ceiling? >> on the debt ceiling. >> i was very interested by your reporting. that you took a really strong position there. i do think the white house has been transformed. both by the experience with the debt ceiling and with the election. i think if they want to stand their ground, i think they can actually do it. i think that that is, in fact, possible. can they? you know, we'll see. they seem a lot tougher now than they were last time around. don't you think? >> they sound very tough now. chrystia freeland of thomson, and author of "the plutocrats." >>> i promised, red lobster, olive garden, timely for both, and i will deliver. that is ahead. ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 c250 for $349 a month at your local mercedes-benz dealer. and his new boss told him two things -- cook what you love, and save your money. joe do
>> on the fiscal cliff or the debt ceiling? >> on the debt ceiling. >> i was very interested by your reporting. that you took a really strong position there. i do think the white house has been transformed. both by the experience with the debt ceiling and with the election. i think if they want to stand their ground, i think they can actually do it. i think that that is, in fact, possible. can they? you know, we'll see. they seem a lot tougher now than they were last time...